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Income Statement (USD)
Q1 '24 | QoQ | |
---|---|---|
Revenue | 210M | 4.1% |
Gross Profit | 165M | 5.4% |
Cost of Revenue | 180M | 4.9% |
Operating expense | 187M | 3% |
Net Income | -13M | 51% |
EBITDA | -18M | 44% |
Balance Sheet (USD)
Q1 '24 | QoQ | |
---|---|---|
Total Assets | 1.11B | 1.8% |
Total Liabilities | 171M | 1.9% |
Total Equity | 937M | 2.5% |
Shares Outstanding | 261M | 0.8% |
Cash Flow (USD)
Q1 '24 | QoQ | |
---|---|---|
Cash from operations | 26M | 32.2% |
Cash from investing | -3.2M | 17.8% |
Cash from financing | -5.7M | 70.6% |
EPS
Financial Highlights for Klaviyo in Q1 '24
Klaviyo reported a revenue of 210M, which is a 4.1% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 165M, marking a 5.4% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 180M, a -4.9% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 187M, showing a -3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was -13M, showing a 51% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was -18M, showing a 44% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Klaviyo with growth in revenue, gross profit, and net income.